The Labor Department is releasing the September inflation report on Thursday, which is expected to show that consumer prices continued to run near a 40-year high.
Congressional correspondent Chad Pergram details the criticism the Fed is taking over its effort to fight inflation on"Cavuto: Coast to Coast."
The Labor Department is releasing the highly anticipated consumer price index report on Thursday morning, providing a fresh look at how hot inflation ran in September. While consumers have recently gotten a little relief from inflation in the form of lower gas prices, the latest CPI report is likely to show that the cost of food and rent has skyrocketed. That is a concerning development because higher housing and food costs most directly and acutely affectA separate report released Wednesday by the Labor Department showed that inflation at the wholesale level rose faster than expected in September.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How the Labor Department Could Restrict Independent ContractingThe Department of Labor is publishing a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees, potentially curtailing access to benefits and protections they rightfully deserve.
Read more »
Uber, Doordash Plunge After Labor Department Proposes Change to Gig Worker ClassificationThe proposed rule, if adopted, could raise costs for companies like Lyft, Uber, Instacart and DoorDash that rely on contract workers to pick up shifts on their own schedules.
Read more »
Gig workers get a break from Biden Labor DepartmentThe Labor Department on Tuesday announced a new rule that makes it more likely that gig workers get classified as employees — the latest pro-labor turn from the Biden administration.
Read more »
Labor Department proposal could change gig worker and company rulesThe U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees:
Read more »
Services, food boost U.S. producer prices; some relief could be on the wayDespite the mixed report from the Labor Department on Wednesday, inflation remains stubbornly high.
Read more »